4

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.015%

Price spread now: BingX against KuCoin−0.025%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$588as in the Funding arb table

Net, price: spread back to 7d avg − costs−$577as in the Price arb table

costs, in and out, $10k−$5705.700% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.178%−$18 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.025%, 7d avg +0.050%

Together, before fees−0.188%−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.075% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin 4USDTM	0.02034	0.0568	pay 0.0284% / 4h	2h 40m	$884K	$12.7M	20x
Short	BingX 4-USDT	0.02033	0.0574	get 0.0287% / 4h	2h 40m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $1.18
Price spread: −0.025% → +0.050%: −$7.5
Slippage, 4 orders: −$547.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$576.3
Costs to cover: 5.700%
Break-even: 3437.3 days

Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 3 min ago	9.63 bp	388.5 bp −$388	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	30.20 bp	49.6 bp −$50	128.5 bp −$1,285	935.7 bp −$93.6K	doesn't fit

4 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni 4	+0.0100%	4h	0.02036	+0.102%	$47K	$8K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02037	+0.147%	$1K	$1.2M	20x	as long as short
Gate 4_USDT	+0.0162%	4h	0.02035	+0.049%	$547K	$266K	20x	as long as short
Bybit 4USDT	+0.0198%	4h	0.02032	−0.084%	$2.7M	$1.9M	5x	as long as short
Aster 4USDT	+0.0382%	4h	0.02032	−0.074%	$237K	$110K	5x	as long as short
Binance 4USDT	+0.0533%	4h	0.02033	−0.029%	$7.8M	$12.1M	20x	as long as short
MEXC 4_USDT	+0.0562%	4h	0.02038	+0.197%	$1.5M	$895K	100x	as long as short
KuCoin 4USDTMlong	+0.0568%	4h	0.02034	long leg	$884K	$12.7M	20x
BingX 4-USDTshort	+0.0574%	4h	0.02033	−0.025%	—	$1.4M	—